The Phoenix Suns have signed guard Josh Gray to a second 10-day contract after initially signing him on February 2.

Gray made his NBA debut against Utah on February 2 and has averaged 6.8 points, 3.0 assists, 2.5 rebounds, 2.0 steals and 17.5 minutes in four games with the Suns. He has eight steals, including four on Wednesday against San Antonio and three on Saturday against Denver, becoming the first Suns rookie to total at least eight steals through his first four career games since Richard Dumas in 1993.

A 6-1, 180-pound guard, Gray was originally called up him up from the Northern Arizona Suns of the NBA G League. In 31 games with the NAZ Suns this season he averaged 17.9 points, shooting 44.7 percent from the field and 42.1 percent from three-point range, 6.0 assists, 4.0 rebounds and 2.3 steals (t-1st in G League). The NBA G League Player of the Week for games played Jan. 1-7, Gray has four games scoring 30-plus points this season including a career-high 32 points in a win over the Agua Caliente Clippers on Jan. 26.

“We still consider Isaiah to be a member of the Phoenix Suns family,” said Suns General Manager Ryan McDonough. “In speaking with Isaiah and his agent, we are fully committed to doing everything we can to help him with his rehab and recovery from his injury. This move is being made strictly to create a roster spot with Isaiah being out for the remainder of the season.”

In his fifth NBA season, Canaan initially signed with the Suns on December 13 and averaged 9.1 points and 4.0 assists in 19 games with the team.

The New York Knicks remain the NBA's most valuable franchise for the third straight season, according to Forbes' annual report.

The Knicks are valued at $3.6 billion, which is an increase of nine percent from 2017.

The Los Angeles Lakers rank second at $3.3 billion, an increase of 10 percent.

The Golden State Warriors, Chicago Bulls and Boston Celtics round out the top-5.

The average NBA franchise is now worth a record $1.65 billion, up 22% over last year, and more than triple the figure of five years ago.

Every NBA team is valued at $1 billion or more for the first time in league history.

“Investor interest in the NBA is enormous right now,” said Forbes’ senior editor Kurt Badenhausen, “thanks to the league’s strong current economic environment, as well as the international growth prospects, which are the best of any major U.S. sports league.”

The Phoenix Suns have signed guard Josh Gray to a 10-day contract, calling him up from the Northern Arizona Suns of the NBA G League.

Phoenix’s roster now stands at 17 players.

Gray, a 6-1, 180-pound guard, has yet to make his NBA debut. In 31 games with the NAZ Suns this season he averaged 17.9 points, shooting 44.7 percent from the field and 42.1 percent from three-point range, 6.0 assists, 4.0 rebounds and 2.3 steals (4th in G League). The NBA G League Player of the Week for games played Jan. 1-7, Gray has four games scoring 30-plus points this season including a career-high 32 points in a win over the Agua Caliente Clippers on Jan. 26.

The 29th GATORADE Call-Up in the NBA this season and sixth in NAZ Suns history, Gray is Northern Arizona’s all-time leader in points (1,228), assists (410), field goals made (474), field goals attempted (1,065), steals (148), games (81) and minutes (2,250).

Isaiah Canaan will miss the remainder of the season with a fractured left ankle.

Canaan suffered the injury in Wednesday's 102-88 win by the Suns over the Mavericks.

Team doctor Tom Carter rotated the foot and ankle back into their proper positions and said afterward that Canaan never uttered a word of pain. He was loaded onto a stretcher and wheeled off the court.

"It's hard for fans and everyone sitting right there, and teammates especially, a guy they battle with every day. It's their friend on and off the court," Suns interim coach Jay Triano said. "I used the timeout to let us say a quick prayer and get us refocused again to keep playing."

Kyrie Irving came to believe the camp of LeBron James orchestrated trade talks involving him last June shortly before the departure of David Griffin.

The Cavaliers explored a three-way trade with the Suns and Pacers that would have seen Irving and Channing Frye to to the Suns with Eric Bledsoe and Paul George going to Cleveland. The Suns resisted the scenario over the No. 4 pick. Phoenix used that pick on Josh Jackson.

Team and league sources refute the notion that James' camp initiated the talks as it was Griffin that pursued the deal on his own. Griffin sensed the unhappiness of Irving and was preparing for the possibility that he would request a trade.

Irving remained silent about how the Cavaliers explored trading him when his trade request became public.

"I didn't feel the need to say anything because I knew the truth, and so did they," Irving said. "So it didn't matter what others said. They didn't want me there."